Keep the faith time.
If Oceans Equities reckons that IOH should be used as a peer, then are these maths anywhere near the ball park.
112.5 m tonnes x 5.30 - 25% / 153 million shares fully diluted + 5 cents for the Bauxite.
Answer 2.97 dollars per share.
Wouldn't buy mine for that. Cheers
Hef.
further high grades additional fourteen target, page-28
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